RCI Hospitality Holdings, Inc., formerly known as Rick's Cabaret International, is a company based in Chicago, IL, that specializes in owning and operating adult nightclubs, sports-bar restaurants, and related services. Established in 1983, the company is focused on building a portfolio of well-managed, high cash-flowing establishments to ensure guests have a great time and return with increasing regularity.
Since its initial public offering in 1995, RCI Hospitality Holdings, Inc. has expanded its business and aims to continue growing free cash flow per share, buying back shares, and increasing shareholder value by following a Capital Allocation Strategy that prioritizes acquiring or building the right nightclubs and sports-bar restaurants.
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